Ethereum review
At present, there are many channels for domestic users to buy Ethereum. Here are some common channels:
< H2 > 1. Coincola is an over-the-counter trading platform for indivials to trade bitcoincoy Cola is affiliated to Hong Kong coincola limited, which is developed and operated by a professional international team, focusing on providing convenient and reliable blockchain services for global users. Coincola gathers global users and is committed to building a world-class blockchain asset platform
in coy cola, people from different countries can buy bitcoin with their own currency. The seller of the website publishes the advertisement of selling bitcoin, and explains the payment method and exchange rate. You can choose to trade directly online according to the content of the advertisement. Bitcoin is stored in Ke Ying Cola's Internet wallet. You can transfer bitcoin directly
2. How to buy eth
register the coincola account, and then click "buy" in the top menu of the home page to enter the advertisement list page
select the appropriate advertisement from the advertisement list and click "buy eth" to enter the transaction page
enter the amount of money to be purchased or the number of digital currency (please understand the message information of the other party, payment method, and transaction instructions of the platform before entering), click buy now, and the order confirmation pop up. After checking and confirming the information, click confirm purchase to enter the order page
in the chat box of the platform, you can inquire whether the other party is online according to the template statement, and make offline payment according to the collection information and collection method provided by the other party
after the completion of offline payment, click the mark that the payment has been completed at the first time (please complete this operation within 15 minutes at the beginning of placing an order, so as to avoid the payment cannot be recovered e to the cancellation of the order e to overtime), and then customize the input information in the chat box to confirm the payment and ask the seller to confirm the collection and release the digital currency
the progress bar in the top column shows that the goods have been received, indicating that the digital currency has arrived in the wallet. Make comments according to the seller's behavior, and click submit to complete the transaction
with the rapid increase in the number of trading platforms and competitive pressure, many trading platforms will have their own C2C trading. Here we take the relatively large ZB trading platform as an example to illustrate
What is C2C
C2C transaction is a customer to customer transaction, which is guaranteed by the transaction platform. There are many such platforms, such as: Fire coin, otcbtc, bitpai OTC, etc., which are guaranteed by the platform and traded between users. We can simply understand it as: our shopping situation on Taobao is the same as that. In case of dispute, the platform will arbitrate. As long as the transaction is carried out according to the normal process, the security of the transaction is guaranteed
2. ZB's C2C business
ZB platform has two choices: QC and usdt. The basic logic is the same. There are many usdt platforms. QC is the feature of ZB, EXX and other platforms. Here we focus on QC
< H2 > about QCQC is a token. At present, you may know more about usdt and bitcny. At present, there is a special area for QC transaction on ZB. Simply put, QC can buy all other digital currencies (BTC, ETH, EOS, etc.) on ZB. Therefore, after purchasing QC with RMB recharge, you can conct currency transaction on ZB station
The advantage of the < H2 > QC token is that the exchange ratio between the < H2 > < UL >and RMB is 1:1, which is easier to convert
purchasing other tokens with QC can be directly understood as purchasing RMB, and has an intuitive understanding of the currency price
it takes about half an hour to get to the account. It will take about two hours to get to the account in congestion
ZB platform is relatively reliable, and the reputation of ZB is still very good in the past
How to operate C2C of ZB < UL >log in to ZB trading platform and click "C2C trading" on the page
to get to the QC transaction page, you need to first bind your bank card. Then, in the buy QC interface, enter the quantity of QC you want to buy. At present, the ratio of QC to RMB is 1:1. Enter the purchase quantity and click "buy now"
after clicking "buy now", you will be prompted to complete the payment within 30 minutes. At the same time, payment information is generated. Please note that the payment must be made according to the prompt
business processing time 9:00-21:00. Non processing time orders will be processed at 9:00 the next day, and the payment will be completed within 24 hours after receiving the order
this means that the merchant you paid will transfer QC coin to your account within 24 hours. According to my experience, you can get to the account in 2 hours ring the day
< H2 > the following points should be paid attention to:1) make sure to use the newly bound bank card for transfer and payment
2) note information (that 6 digit) must fill in
3) do not use Alipay, WeChat and other transfers. p>
4) do not fill in the opposite account incorrectly
< UL >about 1-2 hours, you can check whether your QC has arrived in the financial center
after the account is received, you can trade in the "QC" zone of the "spot trading". You can choose the transaction you want to buy and buy the order
According to the information available at present, radar money is likely to be a kind of MLM money, or someone embezzles the concept of radar money to carry out MLM activities
according to the media survey, behind VPAL are a series of third-party agency companies, which are not consistent with the claim of "foreign identity" from the United States. It develops and grows through the way of pulling the head and collecting the Commission, and becomes a MLM organization
after Ethereum is upgraded to version 2.0 POS mechanism, miners may switch mining machines to other networks
as Ethereum is finally ready to start its Ethereum 2.0 upgrade later this year, thus eliminating the long-term delay, the network will start to move towards the proof of rights model
therefore, the network will give up the workload proof consensus algorithm, so that eth miners have little choice. As their equipment will become obsolete, they will be forced to start mining counterfeit coins or re qualify as eth mortgagors. So, what is the current situation of Ethereum mining? With the coming transition, what will happen to the whole instry< At present, Ethereum consensus is based on POW system, which is similar to bitcoin (BTC). As a result, Ethereum's mining process is almost the same, as miners use their computing resources to earn rewards for each block they try to complete< However, there are still major differences between these processes. Although bitcoin mining has relied almost entirely on ASIC (large, loud machines designed specifically for cryptocurrency mining, most of which are concentrated in areas with low electricity prices), Ethereum's pow hash algorithm ethash is designed to support global chip manufacturers (such as NVIDIA and AMD). As Thomas Heller, global business director of cryptocurrency mining pool f2pool, explained in a conversation with cointegraph, GPU is much cheaper and easier to access than ASIC
"as ASIC is a very professional machine, when a new generation of procts is released, it is usually a huge technological leap. As a result, they have a much higher hash rate and are more energy efficient than the previous generation. This means that those manufacturers have spent a lot of money to research and develop it. Their machines are usually very expensive, and GPUs are much cheaper. "
Heller added that those who use GPU miners "have more flexibility to mine." For example, the popular NVIDIA geforce GTX 1080 Ti card can mine more than 15 different currencies, while ASIC units usually support only one currency
nevertheless, Ethereum is not completely immune to ASIC miners - at least in its current state. In April 2018, bitcontinent released antminer E3, an ASIC specially proced for mining Ethereum. Although widely praised for its hash rate of 180 megahashes per second and power consumption of 800 watts, it has received different responses from the Ethereum community. After the ASIC is inserted, a considerable number of GPU rig owners seem to suffer from loss of profits, and some are even forced to switch to other networks
"in the white paper, ETH must have ASIC resistance. I would like to say that the white paper stands for something "is one of the highest comments on the AR / ethermining topic about the topic discussed when antminer E3 was announced. Another reddit user argued that "the $800 only applies to 180mh."“ Split or die of a nation. "
some Ethereum users continue to suggest that bitmain's mining devices can lead to greater concentration, thus increasing the possibility of attack by 51%. Soon, a group of developers put forward "programmed workload proof" or progpow, which is an extension of the current Ethereum algorithm ethash, aiming to make GPU more competitive and promote decentralization
according to a paper published in March by Kristy Leigh Minehan, co-founder of progpow, about 40% of the hash rate of Ethereum is generated by bitmain ASIC. Alejandro de la Torre, the vice president of poolin, is the sixth largest pool of eth. He confirmed to cointegration that "GPU mining is still dominant" in Ethereum network, and added:
"at present, the profit of eth mining is not high, and the management threshold and cost of GPU equipment are higher than ASIC equipment. Compared with ASIC devices, GPU devices are more flexible, and you can use other algorithms to switch to other coins. "
progpow has not been integrated into Ethereum, and it is not clear when it will be finally implemented - in March, Ethereum core developers were debating whether progpow will really benefit the network in nearly two hours, and failed to reach a consensus. It is worth noting that a bitmain representative has previously told cointegraph that the mining hardware giant does not intend to extend the service life of antminer E3 to start operation after October 2020: "as far as we know, mining will end in October or some time after that."
a safe but uncertain future
indeed, Ethereum will stay away from mining in the future. Ethereum 2.0, which is planned to be launched later in 2020, is a major network upgrade on the blockchain, aiming to transfer its current POW consensus algorithm to a virtual POS (known as "block verifier")
more specifically, users are randomly selected considering their wealth in the network or their "interests". In other words, the more coins a POS verifier chooses to put in, the more coins accumulated as a reward
according to vitalik buterin, the co-founder of Ethereum, e to the transition, the network will be more secure and the attack cost will be higher than the network of bitcoin, although the debate about the better consensus algorithm in the encryption community has lasted for many years. However, it is not clear when to start Ethereum 2.0, as many errors and management issues are reported to be delaying the process
another hypothetical benefit of POS system is that it has higher energy efficiency than pow blockchain. According to digiconomist, the cryptocurrency's total annual footprint is 59.31 terawatts per hour, which is comparable to the electricity consumption of Greece as a whole. However, since a report in July 2019 estimated that 74% of the exploitation of bitcoin was done using renewable energy, the environmental impact of bitcoin does not seem to be so serious
what will happen to the actual Ethereum miner? According to the documentation of Casper upgrade as part of Ethereum 2.0 roadmap, the network will initially support a hybrid model including both POW and POS, thus providing some space for block verifiers and GPU / ASIC miners. Jack O & 39, CEO of skale network; "There will definitely be a transition period when two networks are running at the same time," Holleran told cointegration The CEO of scale network (based on Ethereum's blockchain platform) gave a detailed description of this process:
"the transition from eth1 to eth2 takes time of course - it may be years rather than months. The good news about this slow transition is that dapps and defi platforms will be able to roam around based on survivability, security and real-world evidence of adoption. This is a positive impact on the Ethereum ecosystem. "
dig or not
once Ethereum is fully in the POS orbit, miners will have two options. One is to sell the equipment and use the money to accumulate more Eth and start mortgage. The other is the choice for GPU miners, which is simply switching to other ethash networks and mining counterfeit money. Nick foster, a representative of kabombacks, a US mining equipment dealer, told cointegration that most eth miners would choose the latter:
"what I want to say is that most of the miners have not really entered Ethereum or the mining of specific tokens. Yes, there is a certain amount of mineral deposits and holds, but I oppose the view that a large number of Shanzhai coin miners hold their coins at any time. "<
foster then described how he used 3gb GPU units to mine ethash's point-to-point blockchain asset ravencoin (RVN). Once it was unable to mine eth, he said, "this is the reason for mining crows. I immediately sold stability to BTC, and then sold it to US dollars to pay for my rights. I would say that a lot of people are adopting this strategy. "
as foster concludes, he wants eth miners to jump out of the network, and new players - those who don't invest in power infrastructure or drilling rigs - will take a stake in eth. He described the following:
"I can't imagine if I found a five-year lease with $0.04 of electricity and I was mining eth, I decided to sell everything and then continue to pay the rent so that I could hold eth as a share. Substitute. "
Marc fresa, founder of asic.to, a mining firmware company, agreed in a conversation with cointegraph: "if you invest in mining, you won't bet because you have enough room to grow."
one of the main counterfeit coins that may benefit from POW miners leaving Ethereum is Ethereum classic (etc), which is a more conservative version of the blockchain. It is reported that there is no POS related plan. As it also runs on the ethash algorithm, the startup of Ethereum 2.0 may lead to the migration of miners, so its hash rate may have a significant peak
eth's larger pools have similar options. When asked about the company's plans for Ethereum after pow, Heller told cointegraph that after the announcement of Ethereum's POS upgrade, f2pool launched a sister company called story.fish in early 2018. Story.fish has started to provide mortgage services for other POS and delegated POS projects, such as tezos (xtz), Cosmos (atom) and Cardano (ADA), e to numerous handover delays. For prin, e to the transition to POS, it "may temporarily give up supporting eth mining," de la Torre told cointegraph
other top eth pools, namely nanopool, ethermine, pool center, sparkpool and spiderpool, did not respond to requests for comment from cointegraph.
The extension of the chain of etc was unexpected by the Ethereum community at that time. When 90% of the computing power was switched to the new chain eth, Ethereum classic with 10% of the computing power appeared in the Ethereum community. This 10% of the computing power is still reported in the short chain, until P network suddenly launched a digital asset called etc, and the token of Ethereum classic was officially born. At that time, the online P network of etc once caused the threat of replay attack. It was predicted that if etc could not solve this problem, etc, a short chain abandoned by most Ethereum communities, would not last. However, etc is still running today< a better digital currency trading platform "currency exchange"
compared with eth, led by vitalik, a computer genius and blockchain star, etc's development team is too quiet. In today's blockchain field, Ethereum has become the second largest cryptocurrency after bitcoin in terms of market value. At the same time, community members are all over the world. According to statistics, among the 100 blockchain projects, 94 are based on Ethereum platform. Such brilliant achievements, in addition to Ethereum development team's superb technology, of course, there is no lack of fierce marketing. Compared with other teams, God V's blessing is originally a big IP, although Ethereum has grown into the second largest cryptocurrency. Today's V God will still hold meetings all over the world, marketing itself as well as eth
on the other hand, etc has been lukewarm for many years. With the continuous development of the blockchain instry, etc, as an old currency, is about to be submerged in the long history. Is it true that, as the instry says, etc and dogcoin are guerrillas? Looking back on the development history of etc in recent years, in 2016, Ethereum classic (etc) was born in the Dao event, which was maintained by a new development team. P network is the first online exchange of etc. with the addition of more and more computing power, the trading volume of etc has graally increased
Public key and private key are typical examples of asymmetric encryption. The public key is responsible for encryption and the private key for decryption. Using asymmetric encryption, there is only one way to connect. Browsers use asymmetric encryption to verify public-private key pairs and extend the certificate itself. To do this, the browser will encrypt a small amount of one-time data with a ready to use public key. If the server can decrypt the data and send it back in plaintext, it proves that its private key corresponds to the public key. At this point, browsers and servers can start their encrypted links
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